In a particular country in 1997,the average worker had to work 18 hours to produce 45 units of output.In that same country in 2007,the average worker needed to work 24 hours to produce 60 units of output.In that country,the productivity of the average worker
A) increased by 2 percent between 1997 and 2007.
B) increased by 5 percent between 1997 and 2007.
C) remained unchanged between 1997 and 2007.
D) decreased by 3 percent between 1997 and 2007.
Correct Answer:
Verified
Q1: The income of a typical worker in
Q4: What is the most important factor that
Q8: Almost all variation in living standards is
Q16: The term "productivity"
A)means the same thing as
Q22: In a particular country in 2000,the average
Q23: To raise productivity,policymakers could
A)increase spending on education.
B)provide
Q40: To increase living standards,public policy should
A)ensure that
Q203: The slow growth of U.S. incomes during
Q217: The primary determinant of a country's standard
Q232: Suppose that the average income of a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents